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About high stock prices, banks' liquidity problems & inflation

2010-12-20 00:00:00

It's almost unreal and in a way funny. Here we have everyone muttering and grumbling about rising prices except this one. Actually if there is one commodity, the rising price of which is not criticised by all and sundry, it...

Govt moves to set nat'l policy on transit issues

2010-12-20 00:00:00

The government has moved to set a broad-based policy on transit issues by next month to expedite efforts to strike multi-transport connectivity and shipment deals with the country's South Asian neighbours.Commerce ministry officials said Sunday a National Policy Paper on...

Govt okays $100m Santos dev plan for block 16

2010-12-20 00:00:00

The government has approved Australian oil giant Santos's US$100 million development plan for block 16 under which the company will drill three wells in the offshore block in shallow water in the Bay of Bengal, senior officials said Saturday.Santos, which...

India remains unconvinced about China's 'no threat' assurance

2010-12-20 00:00:00

NEW YORK, Dec 19: China and India have set ambitious new economic targets by pledging to double their trade in next five years to S100 billion in next five years but they made little progress on tough differences over Pakistan,...

Muhith for separate categories in SME, CSR awards

2010-12-20 00:00:00

Finance Minister AMA Muhith Sunday urged the ICAB to introduce separate categories for SME and CSR to honour private and public sector entities for best published accounts and reports for national award.He said the two categories -- small and medium...

Critics catapulting Dr Yunus to higher celebrity

2010-12-19 00:00:00

Maswood Alam Khan in Maryland, USAMost of the educated, liberal and mostly very pleasant people this writer met or talked to and the articles he read during the last few days on the recent allegations against Dr Yunus and Grameen...

Empowering key institutions of the state

2010-12-19 00:00:00

Shamsher ChowdhuryTHERE is a saying in Bengali, "kan tanle matha ashe" - meaning, if you pull someone by the ear, the head comes along. Likewise, if we are able to strengthen and empower our cardinal institutions of the state machinery,...

Imperative to increase production of cotton locally

2010-12-19 00:00:00

Farid Ahmed THE export earnings of the country's readymade garments (RMG) sector could be substantially greater if the RMG industries could be backed up adequately by value-addition through backward linkage activities. Presently, nearly the value of 70 per cent of...

Wildlife vis-a-vis people's livelihoods

2010-12-19 00:00:00

Encroachers into areas that are best left to the dangerously dwindling wildlife of Bangladesh, now have provisions within the forest act for compensation, should they be maimed, killed or their property destroyed by one or the other of the beasts....

Simmering unrest in garment sector: Some issues

2010-12-19 00:00:00

Shahiduzzaman KhanSIMMERING unrest in the country's ready-made garment (RMG) sector is continuing for the last few months. Tens of thousands of garment workers are taking to the streets at a regular interval and are engaging themselves in clashes with law...

Misleading ads and morality of models

2010-12-19 00:00:00

M Alamgir HossainThis is the age of media and advertisement. Countless products are being marketed using attractive ads in the print and electronic media. They range from sugar-free biscuits to fresh mango juice in paper packs to cholesterol-free edible oil;...

Congratulations to Gen. Amin Ahmed Chowdhury

2010-12-19 00:00:00

First, hats off to Gen. Amin Ahmed Chowdhury, Bir Bikram, for his services and sacrifice for the Liberation War and independent Bangladesh! Congratulations to all Bangladeshis for the great Victory Day! I enjoyed Gen. Chowdhury's article in the Financial Express....

Illegal filling and construction in Gulshan

2010-12-19 00:00:00

I appreciate the print media bringing articles and pictures of illegal filling and construction in rivers and channels all over Bangladesh, but somehow it seems it's still going on every day.Gulshan Lake opposite Road# 120, Gulshan 2 is now daily...

International Service Clubs

2010-12-19 00:00:00

MR. Siddiqui in his article on the subject published in the FE pages on December 11th, raises a pertinent question about service clubs; where he mentions about Rotary and Lions Club's aim towards service. He states: "Are they (service clubs)...

Nepal to play semifinal against Bangladesh

2010-12-19 00:00:00

COX'S BAZAR, Dec 18 (UNB): Nepal emerged Group B champions with all win record to reach the semifinal of the first-ever SAFF Women's Football Championship crushing Pakistan by 12-0 goals in the last group affairs at the Cox's Bazar Stadium...

England in tatters after Hussey sets up Australia

2010-12-19 00:00:00

PERTH, Dec 18 (Cricinfo): Australia are closing in on a series-levelling victory at the WACA after ripping out five England wickets during the final session to back up Michael Hussey's 116 which continued his phenomenal series. Mitchell Johnson and Ryan...

Kallis, De Villiers leave India with huge task

2010-12-19 00:00:00

CENTURION, Dec 18 (AFP): Jacques Kallis hit a maiden Test double century and AB de Villiers raced to South Africa's fastest Test hundred to leave India with a huge task if they are to save the first Test at SuperSport...

ICC report slams Eden, Wankhede renovations

2010-12-19 00:00:00

An ICC inspection team has raised serious concerns over the preparedness of two key World Cup venues - Eden Gardens in Kolkata and the Wankhede Stadium in Mumbai - in time for the tournament, which begins on February 19, 2011....

India name preliminary WC squad

2010-12-19 00:00:00

NEW DELHI, Dec 18 (AFP): India Saturday announced a 30-man preliminary squad for the World Cup starting in February.India squad: Mahendra Singh Dhoni, Virender Sehwag, Sachin Tendulkar, Gautam Gambhir, Virat Kohli, Yuvraj Singh, Suresh Raina, Harbhajan Singh, Zaheer Khan, Ashish...

Broad called up by England for WC

2010-12-19 00:00:00

LONDON, Dec 18 (AP): Injured fast bowler Stuart Broad and five uncapped players have been named in England's preliminary 30-man squad for next year's World Cup.Broad was ruled out of the current Ashes series against Australia after sustaining an abdominal...

Asian stocks gain as China refrains from raising rates

2010-12-19 00:00:00

TOKYO, Dec 18 (Bloomberg): Asian stocks rose for the second week this month, as steelmakers led gains, after China refrained from raising interest rates and US data improved.BlueScope Steel Ltd, Australia's largest steelmaker, advanced 9.1 per cent in Sydney. Honda...

Sensex bounces back by 356 points

2010-12-19 00:00:00

MUMBAI, Dec 18 (PTI): The BSE benchmark Sensex recovered by 356 points this week to end at 19,864.85, following rise in IT and metal counters on the back of easy liquidity measures announced by RBI coupled with hectic shortcovering amid...

CIL eying US, Australian coal assets

2010-12-19 00:00:00

MUMBAI, Dec 18 (Commodity Online): Coal India Limited (CIL), touted as the world's largest producer of thermal coal for power generation, is looking to buy more coal. Even as the firm is considering a bid for US-based Sydney Complex, an...

Ghana farmers to get new hybrid maize seeds

2010-12-19 00:00:00

ACCRA, Dec 18 (Commodity Online): Farmers in Ghana now can use new hybrid varieties of maize seeds with high nutritional value, resistance to major pests and tolerance to drought. Addressing more than 100 maize farmers at a field day at...

China boom in uranium market

2010-12-19 00:00:00

LONDON, Dec 18 (Commodity Online): Uranium markets witnessed a nuclear blast last month with the prices of the commodity soaring to unimaginable levels following China's decision to step up nuclear power generation.China recently said it could build 112 gigawatts of...

Int'l business news in brief

2010-12-19 00:00:00

US closes six more banksWASHINGTON, Dec 18: Authorities closed six more banks Friday, bringing the number of closures so far this year to 157 as the aftermath of the 2007-2009 financial crisis continued to take a toll. Smaller financial institutions,...

Drug firms find their shares lagging sales

2010-12-19 00:00:00

MUMBAI, Dec 18 (Business Standard): Chandigarh-based Surya Pharmaceutical is regarded as a star performer in the Indian drug industry, which is growing at close to 20 per cent every year. Surya's own sales have grown from near Rs 240 crore...

Drug firms find their shares lagging sales

2010-12-19 00:00:00

MUMBAI, Dec 18 (Business Standard): Chandigarh-based Surya Pharmaceutical is regarded as a star performer in the Indian drug industry, which is growing at close to 20 per cent every year. Surya's own sales have grown from near Rs 240 crore...

Some private universities face red alert

2010-12-19 00:00:00

Chowdhry Md. Usman Ahmmady The alluring six-storied roadside building in Dhanmondi includes a big shopping mall with a drug centre, club, international restaurant and private university campus. Each floor is busy in receiving customers and consumers of different tastes. Food...

Better unity for better performance of the class

2010-12-19 00:00:00

M A IslamSINCE the minds of the students are soft, there should be highest degree of unity amongst the students in a classroom. But very unfortunately it can be found that there are some ‘groupings’ in a class or there...